Cheap Apartments for Rent near Montgomery, MI from $300 (53 Rentals)

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Search the lowest-cost Apartments available for rent right now in Montgomery.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Atz Place
1 to 2 Bedroom Apartments

Atz Place

301 E Wayne StKendallville, IN 46755
Senior Living
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The Watershed
Studio to 2 Bedroom Apartments

The Watershed

110 W Chicago RdSturgis, MI 49091
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Sherman Apartments
1 to 2 Bedroom Apartments

Sherman Apartments

501 Homer RdConcord, MI 49237
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Northcrest Apartments
Studio to 3 Bedroom Apartments

Northcrest Apartments

810 Regency CtAngola, IN 46703
  • Utilities Included
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Meade Apartments
1 to 2 Bedroom Apartments

Meade Apartments

901 E Michigan AveMarshall, MI 49068
Corporate Housing
  • Utilities Included
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Garfield Apartments
1 to 2 Bedroom Apartments

Garfield Apartments

216 E Everett StHomer, MI 49245
Corporate Housing
  • Utilities Included
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Enchanted Glen
1 to 3 Bedroom Apartments

Enchanted Glen

466 S Burr Oak RdColon, MI 49040
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Price Apartments
1 to 2 Bedroom Apartments

Price Apartments

40 Glenn AveQuincy, MI 49082
Corporate Housing
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Sheridan Apartments
1 to 2 Bedroom Apartments

Sheridan Apartments

1150 Arms StMarshall, MI 49068
Corporate Housing
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Montgomery, MI Local Guide

Cheapest Available Montgomery Apartments for Rent and Nearby

 

The cheapest available apartment rental in Montgomery, MI is a 2 Beds unit found at Fountain Creek Senior Villas priced from $592. Whitman Crossing in the Lenawee County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $619. Here is today’s list of the most affordable Montgomery apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fountain Creek Senior Villas2 Beds, 1 bath2BR,1BA$592
Whitman Crossing1 Bedroom Unit1BR,1BA$619
Drake Terrace III2 Bedroom2BR,1BA$741
York Hills ApartmentsYork Hills Apartments - One Bedroom ** FIRST MO...1BR,1BA$750
Carriage Park ApartmentsCarriage Park Apartments - StudioStudio,1BA$795
Oak MeadowsOne Bedroom1BR,1BA$825
Park Crest ApartmentsPark Crest Apartments | One Bedroom | Apply Now...1BR,1BA$825
Addison Apartments2/12BR,1BA$875
Fawn River Apartments1 Bed1BR,1BA$909
Crosswait Estates ApartmentsTwo Bedroom2BR,1BA$919

Best Value Apartments for Rent in Montgomery, MI and Nearby

As of July 13, 2026 the best value apartment in the Montgomery area is the $0.94 price per square foot Gala Model at Alpine Lake Apartments in the in the Jackson County neighborhood starting from $1,130. The second greatest value Montgomery apartment is the Albion Riverside Apartments - Two Bedroom - Hea... Model at Riverside Apartments starting at $975 with a $0.98 price per square foot in the Marshall Albion neighborhood. Here is today’s list of the best values for Montgomery apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Alpine Lake ApartmentsGala2BR,1.5BA$0.94
Riverside ApartmentsAlbion Riverside Apartments - Two Bedroom - Hea...2BR,1BA$0.98
Carriage House (Albion 64 LLC)Carriage House - Two Bedroom - Heat Included! F...2BR,1BA$0.98
McClellan EstatesOne Bedroom1BR,1BA$1.00
Nelson Estates Apartments2Bed_1Bath2BR,1BA$1.04
Crosswait Estates ApartmentsTwo Bedroom2BR,1BA$0.96
Fawn River Apartments1 Bed1BR,1BA$0.97
Fountain Creek Senior Villas2 Beds, 1 bath2BR,1BA$0.64
Whitman Crossing1 Bedroom Unit1BR,1BA$0.67
Drake Terrace III2 Bedroom2BR,1BA$0.99

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Montgomery, MI Rentals by Map

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See the most popular apartments and homes in Montgomery, MI

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Frequently Asked Questions about Cheap Montgomery Apartments

How much is rent for a Cheap One Bedroom Montgomery Apartment?

The lowest price for a Cheap One Bedroom Montgomery Apartment is $619 at Whitman Crossing.

What is the lowest price for a Cheap Two Bedroom Montgomery Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Montgomery is starting from $592 at Fountain Creek Senior Villas.

What is the most affordable Montgomery Three Bedroom Apartment?

The best deal on a cheap Montgomery Three Bedroom Apartment rental is at Oak Meadows and starts from $1,100.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.